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How do all the old timers feel about "silver stackers?"
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<p>[QUOTE="Small Size, post: 2692426, member: 77924"]Gold is currently priced at about 65% of its record high. Silver is currently priced at about 35% of its record high, although it you want to ignore the spike to almost $50 in 1980 that came and went in a flash, there were several weeks in 2011 when you could easily have gotten above $40 without having to thread the needle. That makes silver currently worth less than 40% of its practical all time high.</p><p>Either way, seems like silver has more upside potential, as it has long since recovered from the downward pressure caused when its chief industrial use - making film - disappeared. Plus the cost of entry into the market is less. A 50 ounce bar of silver will cost you about $900. You can only get about six-tenths of an ounce of gold for that.[/QUOTE]</p><p><br /></p>
[QUOTE="Small Size, post: 2692426, member: 77924"]Gold is currently priced at about 65% of its record high. Silver is currently priced at about 35% of its record high, although it you want to ignore the spike to almost $50 in 1980 that came and went in a flash, there were several weeks in 2011 when you could easily have gotten above $40 without having to thread the needle. That makes silver currently worth less than 40% of its practical all time high. Either way, seems like silver has more upside potential, as it has long since recovered from the downward pressure caused when its chief industrial use - making film - disappeared. Plus the cost of entry into the market is less. A 50 ounce bar of silver will cost you about $900. You can only get about six-tenths of an ounce of gold for that.[/QUOTE]
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How do all the old timers feel about "silver stackers?"
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